Controller

Job Title:         Controller

Job Class:       Full-Time/Exempt

Report To:       VP of Accounting/Finance

Job Summary:

As a key member of the accounting and finance team, the Controller will assume a strategic role in the overall property management of the company and have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial related activities for the property management division. This will include direct responsibility for property management accounting, finance, forecasting, strategic planning, and property compliance. Under general supervision, the Controller reviews, prepares, evaluates, and analyzes the financial reporting for various properties. Additionally, this role will bear the responsibility for exercising independent judgment in interpreting and advising specific properties on their financial position.

Responsibilities:

 Maintain a documented system of accounting policies and procedures.
 Complete or review month-end closing procedures, including analysis and reconciliation of all balance sheet (and applicable
income statement accounts), and resolve accounting discrepancies.
 Oversees accounting staff when recording daily transactions and when preparing monthly, quarterly and annual financial
statements for review by company management and outside auditors.
 Prepare, record and review journal entries (accruals, cash activity, prepaids, depreciation, re-classes).
 Prepare and review bank reconciliations and address reconciling items in a timely manner.
 Prepare and review monthly charges and adjustments to tenant accounts receivable sub-ledgers, as necessary.
 Ensure that accounts receivable are recorded promptly.
 Review weekly payables for each property, process wire transfers and monitor cash balances.
 Ensure that accounts payable are paid in a timely manner.
 Ensure that all reasonable discounts are taken on accounts payable.
 Prepare and review monthly financial statements consisting of balance sheets, income statements and cash flow statements
in accordance with GAAP or other acceptable basis of accounting.
 Collaborate with property manager to ensure monthly financials are complete and accurate.
 Provide financial support to the Property and Facility Management team by answering inquiries, explaining accounting
policies and procedures and ensuring timely and accurate financial data.
 Coordinate and/or review monthly Owner Reports, variance explanations, quarterly projections, annual budgets and other
financial information.
 Maintain the chart of accounts.
 Maintain a system of controls over accounting transactions.
 Review property management documents including management agreements, leases and/or contracts to ensure financial
compliance. Prepare abstracts.
 Ensure that required debt payments are made on a timely basis.
 Complete additional duties as assigned.

Requirements:

Education and Experience:

 Preference will be given to candidates with a Bachelor’s degree in accounting, finance or business administration (BS/BA degree) from a university or college accredited through a Regional Accrediting Association.
 7+ year’s business experience progressively responsible for a real estate company or division of a large corporation.
 Requires at least 4 years of property accounting experience with a strong background in General Ledgers.

Competencies:

 Strong knowledge of the principles and practices of GAAP.
 Ability to manage multiple responsibilities in an organized fashion.
 Attention to detail.
 Analytical and ability to perform variance analysis.
 Ability to prioritize tasks and to meet deadlines consistently.
 Good written and verbal communication skills.
 Ability to identify problems, seek resources for guidance, analyze and recommend solutions, and communicate and/or
implement solutions using judgment and discretion.
 Excellent computer skills with a working knowledge of Real Page/One Site (or comparable property management software),
Word, Excel, and Outlook.